The globalisation of trade has led to an erosion of the tax base for States and, with it, a loss of tax revenue. States have acted on this economic transformation and are attempting to adapt to the new reality through various methods, such as cooperation, the BEPS action plan, the implementation of a new multilateral treaty: in summary, the work of the European Commission. Read more

Since 1 August 2017, legal persons registered in France have had to file a declaration identifying their beneficial owners at the office of the commercial court with jurisdiction over their place of registration. This new obligation has been established at a time when the international community is increasingly focused on combating money laundering and terrorism financing. Read more